service cost component

Expenses1

1. 715-20Defined Benefit Plans—General715 Compensation—Retirement Benefits

   ASC 715-20 governs the presentation and disclosure requirements for single-employer defined benefit pension and other postretirement benefit (OPEB) plans, and it confirms that a cash balance plan is a defined benefit plan. It requires employers to disclose, separately for pension and OPEB plans, reconciliations of the benefit obligation and plan assets, funded status and where it is recognized on the balance sheet, plan asset fair value information by class, weighted-average assumptions, expected future benefit payments and contributions, and amounts in AOCI not yet recognized in net periodic benefit cost. On the face of the income statement, only the service cost component goes with other compensation cost; all other components must be presented separately and outside any subtotal of income from operations.